1968 – Vail’s visionary steps aside
The man with the ideas, the vision and ability to get things started rode the crest of fame and popularity. Not many could foresee what was to happen as the town grew.
But what once was relatively easy to handle ultimately became complicated and unruly. It required expertise and experience that was not there.
Seibert lacked the necessary training to make the leap to corporate executive. He had gone to hotel school and loved the restaurant and hotel business – what Rod Slifer called “the entertainment business.” But this became a problem for Seibert with Vail and its growth – an entanglement he found hard to manage. Suddenly, there were lots of departments and employees. It became a very complicated company.
Seibert ran it for nine years, struggling as an administrative executive. People like Chuck Lewis, who were better financial administrators, were brought in to help.
The board tried to shore up the organization and put in a lot of effort to assist Seibert, but for some reason, Seibert was uneasy about the support. However, where it became apparent that action was needed, and after an executive search, the board hired Dick Peterson to serve as president and moved to Seibert to the position of chairman of the board.
It was the beginning of the end of Seibert’s fabulous dream, which is so often the case. He started it and watched it grow, then had to step aside for others.
Editor’s Note: In a continued effort to help the community understand its roots, the Vail Daily for a second time is serializing Dick Hauserman’s “The Inventors of Vail.” This is the 84th installment, an excerpt from chapter 11, “The Corporate Team.” The book is available at Verbatim Booksellers, The Bookworm of Edwards, Pepi’s Sports, Gorsuch Ltd. and The Rucksack, as well as other retailers throughout the valley. Hauserman can be contacted by phone at 926-2895 or by mail at P.O. Box 1410, Edwards CO, 81632.